Tips for Deferring Capital Gains Taxes with Exeter 1031 Exchange Specialist, Bill Exeter

Tax season is a time when many investors realize too late that they could have deferred significant capital gain taxes through a tax-deferred exchange pursuant to Section 1031 of the Internal Revenue Code ("1031 Exchange"). Bill Exeter, president and chief executive officer, Exeter 1031 Exchange Services, LLC, explains to host Craig Sewing, how the capital gains on investment real estate can be deferred through a 1031 Exchange. Exeter also discusses the 45 day identification period or ID deadline, 180 day exchange period, and the definition of like-kind property for replacement property purposes.

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